GREENCASTLE, LONDONDERRY.—Signals of distress having been shown by a vessel on the TODS Bank, while the wind was blowing half a gale from the S.S.W., with a heavy sea, the Life-boat temporarily placed here while the Mary Beckwith was being improved, was launched at 4 A.M.

on the 31st December, and found the schooner Cwm Avon, of Swansea, stranded.

With great difficulty her crew, numbering four men, were got into the Life-boat, and were safely landed at about 9 o'clock..